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1. Construct the bank reconciliation for Milton Company as of July 31, 202X, from the following information: a. Balance per bank statement b. Deposit

1. Construct the bank reconciliation for Milton Company as of July 31, 202X, from the following information: a. Balance per bank statement b. Deposit in transit 200 1300 c. Checkbook balance 1430 d. Outstanding checks: 300 e. NSF check (debit memo) 200 f. Service charges 30 60 Bank Checkbook Ending Checkbook Balance Add Subtract NSF Check Service charges Ending Bank Statement Balance Add: Deposit in transit Subtract Outstanding checks Reconciled Balance Reconciled Balance

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